New Mexico Statutes

§ 21-21I-3 — Definitions

New Mexico·Ch. 21 State and Private Education Institutions·Art. 21I Minority Doctoral Loan Repayment Assistance
As used in the Minority Doctoral Loan Repayment Assistance Act: A. "department" means the higher education department; B. "eligible institution" means an accredited institution of higher education that offers a doctoral degree-granting program in the fields of engineering, physical or life sciences, mathematics or other academic disciplines in which ethnic minorities or women are demonstrably underrepresented; C. "loan" means a grant of money pursuant to a contract between a recipient and a lender requiring repayment of principal with interest. A lender may include the federal government, a bank or the state; and D. "recipient" means an individual who is a member of an ethnic minority or is a woman and who has successfully completed a doctoral degree-granting program at an eligible institu

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Legislative History

Laws 1990 (1st S.S.), ch. 8, § 3; 1991, ch. 262, § 24; 1994, ch. 79, § 2; 2017,

Nearby Sections

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